Owens Corning (OC) Projected to Announce Quarterly Earnings on Wednesday

Owens Corning (NYSE:OC) is projected to release its Q2 2026 results before the market opens on Wednesday, August 5th. Analysts expect the company to announce earnings of $3.06 per share and revenue of $2.6578 billion for the quarter. Interested persons may review the information on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 9:00 AM ET.

Owens Corning (NYSE:OC) last posted its quarterly earnings data on Wednesday, May 6th. The construction company reported $1.22 EPS for the quarter, beating the consensus estimate of $1.01 by $0.21. Owens Corning had a negative net margin of 5.43% and a positive return on equity of 19.86%. The firm had revenue of $2.27 billion during the quarter, compared to analyst estimates of $2.18 billion. During the same quarter last year, the business posted $2.97 EPS. The company’s revenue for the quarter was down 10.5% on a year-over-year basis. On average, analysts expect Owens Corning to post $10 EPS for the current fiscal year and $12 EPS for the next fiscal year.

Owens Corning Price Performance

Owens Corning stock opened at $143.46 on Wednesday. Owens Corning has a 52 week low of $97.53 and a 52 week high of $159.91. The company’s 50 day moving average price is $132.59 and its two-hundred day moving average price is $123.88. The company has a quick ratio of 0.74, a current ratio of 1.24 and a debt-to-equity ratio of 1.27. The stock has a market cap of $11.55 billion, a P/E ratio of -21.70, a P/E/G ratio of 2.78 and a beta of 1.30.

Owens Corning Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 6th. Stockholders of record on Monday, July 20th will be issued a $0.79 dividend. The ex-dividend date of this dividend is Monday, July 20th. This represents a $3.16 annualized dividend and a dividend yield of 2.2%. Owens Corning’s dividend payout ratio is currently -47.81%.

Insider Buying and Selling

In related news, VP Mari Doerfler sold 1,926 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $120.92, for a total value of $232,891.92. Following the transaction, the vice president owned 3,093 shares in the company, valued at approximately $374,005.56. This represents a 38.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Rachel Barthelemy Marcon sold 700 shares of the stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $120.71, for a total value of $84,497.00. Following the transaction, the insider directly owned 15,848 shares of the company’s stock, valued at approximately $1,913,012.08. This trade represents a 4.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.92% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in OC. State Street Corp increased its holdings in Owens Corning by 2.3% in the 3rd quarter. State Street Corp now owns 3,634,987 shares of the construction company’s stock worth $514,205,000 after acquiring an additional 81,133 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of Owens Corning by 9.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,594,229 shares of the construction company’s stock valued at $290,321,000 after buying an additional 231,871 shares during the period. Dimensional Fund Advisors LP increased its holdings in Owens Corning by 33.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,576,405 shares of the construction company’s stock worth $288,332,000 after acquiring an additional 645,773 shares during the period. First Trust Advisors LP raised its position in shares of Owens Corning by 51.8% in the fourth quarter. First Trust Advisors LP now owns 1,775,411 shares of the construction company’s stock worth $198,686,000 after buying an additional 605,926 shares in the last quarter. Finally, AQR Capital Management LLC raised its holdings in shares of Owens Corning by 16.6% in the 4th quarter. AQR Capital Management LLC now owns 1,432,646 shares of the construction company’s stock valued at $160,327,000 after acquiring an additional 204,006 shares in the last quarter. Institutional investors own 88.40% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on OC shares. Evercore reissued an “outperform” rating and issued a $193.00 price objective on shares of Owens Corning in a research report on Thursday, July 23rd. Bank of America decreased their target price on Owens Corning from $140.00 to $138.00 and set a “buy” rating for the company in a research report on Monday, April 20th. Barclays lifted their target price on Owens Corning from $144.00 to $170.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th. Benchmark reissued a “hold” rating on shares of Owens Corning in a report on Wednesday, July 15th. Finally, Wells Fargo & Company increased their price target on shares of Owens Corning from $150.00 to $165.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $157.92.

Owens Corning Company Profile

Owens Corning is a global leader in composite materials and building products, with a primary focus on insulation, roofing, and fiberglass composites. The company serves professional contractors, builders and industrial manufacturers by providing solutions designed to improve energy efficiency, structural performance and durability. Its products are used in residential, commercial, and industrial applications worldwide.

The company’s core product lines include fiberglass insulation for thermal and acoustic comfort, roofing shingles and underlayment systems engineered for weather protection, and advanced composite materials for markets such as wind energy, automotive, marine and infrastructure.